Shaw Island Library And Historical Society Inc
- Assets
- $707.6k
- Revenue
- $82.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Shaw Island, WA
- Founding
- 05/1967
- Data as of
- 06/2023
- EIN
- 91-6068663
Organization Overview
Shaw Island Library And Historical Society Inc is located in Shaw Island, WA. The organization was established in 1967. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shaw Island Library And Historical Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Shaw Island Library And Historical Society Inc generated $82.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $29.7k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SHAW ISLAND LIBRARY AND HISTORICAL SOCIETY BRINGS PEOPLE, INFORMATION, AND IDEAS TOGETHER TO EDUCATE AND ENRICH LIVES, PROMOTE THE LOVE OF READING, BUILD COMMUNITY, AND PRESERVE SHAW ISLAND HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LIBRARY HAS ABOUT 1,300 VISITORS PER YEAR AND CHECKS OUT APPROXIMATELY 1,200 BOOKS AND 700 DVDS DURING THE YEAR. THE LIBRARY ALSO HAS A SELECTION OF MAGAZINES AND LOCAL NEWSPAPERS, A COPIER AND A COMPUTER WITH INTERNET ACCESS AVAILABLE TO ALL VISTORS. AS OF 2022, LIFETIME MEMBERS ALSO HAVE ACCESS TO DIGITAL MATERIAL THROUGH THE WASHINGTON ANYTIME LIBRARY.
SHAW ISLAND LIBRARY AND HISTORICAL SOCIETY SPONSORS FIVE SPEAKERS PER YEAR. THE SERIES SERVES TO EDUCATE AND ENRICH THE LIVES OF THE SHAW COMMUNITY AND BRINGS EVERYONE TOGETHER FOR A SOCIAL EVENT. IN 2022 THE LIBRARY ESTABLISHED "SHAW READS", A PROGRAM THAT ENCOURAGES ISLANDERS TO READ AND DISCUSS THE SAME BOOK. WE ORGANIZE AND HOST THESE EVENTS IN WHICH THE AUTHOR JOINS OUR COMMUNITY FOR A PRESENTATION AND Q&A.
THE HISTORICAL SOCIETY PROGRAM FEATURES AN HISTORIC MUSEUM DEDICATED TO THE DISPLAY OF REGIONAL NATIVE AMERICAN AND SETTLER ARTIFACTS.ADDITIONALLY, THE HISTORICAL SOCIETY MAINTAINS A COLLECTION OF PHYSICAL ITEMS OF HISTORIC SIGNIFICANCE, DIGITAL RECORDINGS OF FAMILY HISTORIES, AND OTHER IMPORTANT CULTURAL ARCHIVES. IN 2021 THE HISTORICAL SOCIETY PUBLISHED THE BOOK "SHAW ISLAND: EARLIEST KNOWN HISTORY TO 1994"
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kai-Joachim Kamrath President | OfficerTrustee | 2 | $0 |
Sally Frankenburg Vice Preside | OfficerTrustee | 4 | $0 |
Nancy Zakes Rec Ording S | OfficerTrustee | 3 | $0 |
Carol Whitfield Corresponden | OfficerTrustee | 2 | $0 |
Caryn Buck Finance Chai | OfficerTrustee | 2 | $0 |
Louis Whitford Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,155 |
| Fundraising events | $22,461 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,733 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,349 |
| Total Program Service Revenue | $0 |
| Investment income | $22,451 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,342 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,247 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $519 |
| Information technology | $1,289 |
| Royalties | $0 |
| Occupancy | $3,543 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,715 |
| Insurance | $5,820 |
| All other expenses | $1,235 |
| Total functional expenses | $29,692 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,816 |
| Savings and temporary cash investments | $43,341 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $120,181 |
| Investments—publicly traded securities | $536,254 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $707,592 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $193,661 |
| Net assets with donor restrictions | $513,931 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $707,592 |